Latest Business News

Dean Heller disapproves of federal judge nominee because of contributions to Harry Reid

Sens. Dean Heller, left, and Harry Reid attend a Memorial Day ceremony in Boulder City on May 30, 2011.

The Senate Judiciary committee voted down party lines to endorse the nomination of Jennifer Dorsey, President Barack Obama’s pick to fill one of the two remaining seats on the federal bench in Nevada. But when her nomination comes up for a confirmation vote in the Senate, Dorsey won’t have the full support of Nevada’s delegation, also divided down party lines.

16 May 2013
By Karoun Demirjian

Primm Valley Lotto Store sells near-winner for $360M Powerball drawing

People line up to buy Mega Millions lottery tickets at the Primm Valley Lotto Store across the state line at Primm Thursday, March 29, 2012.

A Primm Valley retail outlet long favored by Las Vegans playing California Lottery games sold a ticket this week that came just shy of winning a $360 million Powerball jackpot.

16 May 2013
By Sun Staff

These new eateries, stores are opening at Town Square

Jim and Sharon Vargo of Lake Delton, Wis., cross a bridge at Town Square on March 20, 2009.

On the heels of some store closings, Town Square has snagged several new retail tenants. But like any other retail hub, Town Square, located south of the Strip, has had turnover.

16 May 2013
By Eli Segall

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Water delivery rates headed up, but residents shouldn’t notice

The cost of pumping water from Lake Mead into the Las Vegas Valley is going up, but residents shouldn’t expect to see any changes in their water bills.

16 May 2013
By Conor Shine

Obama promises action on a trio of controversies

President Barack Obama speaks as a Marine holds an umbrella for him during a joint news conference with Turkish Prime Minister Recep Tayyip Erdogan, not pictured, in the Rose Garden at the White House in Washington, Thursday, May 16, 2013.

President Barack Obama tried to defuse a trio of controversies Thursday, pledging to work with Congress to ensure the IRS doesn't abuse its power, urging legislators to provide more money to strengthen security at U.S. diplomatic outposts and promising to seek "a balance" between national security and a need to protect freedom of the press.

16 May 2013
By Julie Pace, Associated Press

Old Lady Luck on track to reopen this fall as Downtown Grand

The Nevada Gaming Commission conducted its monthly meeting today in Las Vegas.

16 May 2013
By Richard N. Velotta

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California fuels $550 million Powerball jackpot

Eva Nuno of Las Vegas picks Mega Millions lottery numbers outside the Primm Valley Lotto Store across the state line at Primm Thursday, March 29, 2012.

The numbers sum up the frenzy that has taken over the Golden State since it became the newest in the nation to join the madness over Powerball, which saw its jackpot soar Thursday to $550 million.

16 May 2013
By Barbara Rodriguez and Julie Watson, Associated Press

Nevada jobless rate down to 9.6 percent in April

Nevada jobless rate down to 9.6 percent in April; state added 5,600 jobs between March, April

16 May 2013
Associated Press

What was the IRS thinking?

Well, this is a fine mess.

16 May 2013
Leonard Pitts Jr.

From red to black: How CityCenter pulled out of the economic morass and started making money

Raising CityCenter, a collection of images taken by Cirque du Soleil show creation director Armand Thomas, documents the construction of CityCenter from 2006 to 2009.

CityCenter never had it easy. MGM Resorts International announced plans to build the $4 billion development in 2004 during the height of Las Vegas' boom.

16 May 2013
By Ed Komenda

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What's new at the 2013 World Series of Poker

Hundreds of amateur and professional poker players compete on the first day of the World Series of Poker Main Event on Saturday, July 7, 2012, at The Rio.

Two years ago, the World Series of Poker naysayers were out in full effect. Following the US Justice Department shutting down the three most popular online poker sites, detractors argued the tournament wouldn’t be the same for the foreseeable future. The WSOP responded emphatically, notching the two most successful years in the event’s 43-year history in terms of total entrants. Based on Wednesday’s conference call to preview the 2013 WSOP, however, tournament officials’ biggest takeaway from the past two years was that 2011’s series outdrew 2012. The total number of players to enter an event two years ago was 75,672 ...

16 May 2013
By Case Keefer

After 51s deal finalized, it's business as usual at Cashman Field; but what's next?

Players with the Las Vegas 51s practice batting at Cashman Field on Monday, May 13, 2013. Summerlin Las Vegas Baseball Club LLC, a joint venture of the Howard Hughes Corp. and Play Ball Owners Group — including investors Mack, Bart Wear and Chris Kaempfer — purchased the 51s and plans to move the franchise to a new stadium in Summerlin.

Now that a deal has been finalized to sell the Las Vegas 51s to a group that intends to move the team to Summerlin, the clock is ticking on its lease at Cashman Field. But the deadline is far away, and Cashman officials say it's business as usual.

16 May 2013
By Richard N. Velotta

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House-flipping TV star says risk, reward available in Las Vegas market

Than Merrill, star of the A&E show “Flip This House” and CEO of Fortune Builders

The radio advertisement sounded almost too good to be true. Than Merrill, star of the reality show “Flip This House” and CEO of Fortune Builders, offering a free, one-time-only, two-hour real estate investment workshop to teach you how to make riches.

16 May 2013
By Brian Nordli

North Las Vegas throws out bids on project to raze vacant apartments

North Las Vegas wants to tear down this vacant apartment complex, which has long been an eyesore in the community.

The abandoned, boarded-up Buena Vista Apartments in North Las Vegas will stand for at least a little while longer.

15 May 2013
By Brian Nordli

Joe Downtown: Shared memories of the Huntridge could be crucial to its revival

Bob Coffin, far left, and Steve Evans, far right, reminisce about the Huntridge Theater in the historic building's parking lot Wednesday, May 15, 2013. A film crew was recording memories of the theater to be used to raise money to buy and renovate the 69-year-old property.

If the walls of the Huntridge theater could speak, they might tell the story of Bob Coffin's first kiss. Or of seeing John Angus in stitches at the hilarious musings of Danny Thomas.

15 May 2013
By Joe Schoenmann
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